S&P MidCap 400 constituent Fortinet Inc. (NASD: FTNT) will replace Envision Healthcare Corp. (NYSE: EVHC) in the S&P 500, S&P SmallCap 600 constituent ASGN Inc. (NYSE: ASGN) will replace Fortinet in the S&P MidCap 400, and Veritex Holdings Inc. (NASD: VBTX) will replace ASGN in the S&P SmallCap 600 prior to the open of trading on Thursday, October 11. KKR & Co. Inc. (NYSE: KKR) is acquiring Envision Healthcare in a deal expected to close on or about that date pending final conditions.
S&P SmallCap 600 constituent Penn National Gaming Inc. (NASD: PENN) will replace Convergys Corp. (NYSE: CVG) in the S&P MidCap 400, and The Chefs' Warehouse Inc. (NASD: CHEF) will replace Penn National Gaming in the S&P SmallCap 600 effective prior to the open of trading on Wednesday, October 10. S&P MidCap 400 constituent SYNNEX Corp. (NYSE: SNX) is acquiring Convergys in a deal expected to close on October 5.
Fortinet provides broad, automated, and integrated cybersecurity solutions. Headquartered in Sunnyvale, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Systems Software Sub-Industry index.
ASGN provides information technology and professional services in the technology, creative/digital, engineering, and life sciences fields. Headquartered in Calabasas, CA, the company will be added to the S&P MidCap 400 GICS Human Resource & Employment Services Sub-Industry index.
Veritex Holdings provides various commercial banking products and services. Headquartered in Dallas, TX, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.
Penn National Gaming owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. Headquartered in Wyomissing, PA, the company will be added to the S&P MidCap 400 GICS Casinos & Gaming Sub-Industry index.
The Chefs' Warehouse distributes specialty food products. Headquartered in Ridgefield, CT, the company will be added to the S&P SmallCap 600 GICS Food Distributors Sub-Industry index.
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